JSE lifts as investors await corporate earnings results
Market participants are paying close attention to inflation indices to see what the US Fed might do in the next policy meetings
07 August 2023 - 11:38
The JSE was firmer on Monday morning, with global markets mixed as investors readied for a week with more corporate earnings and key inflation readings.
Investors will continue watching out for more corporate earnings results to gauge how companies have been doing in a high-interest rate environment. According to Bloomberg, of the 84% of companies on the S&P 500 that have posted their quarterly results, about 80% have exceeded market forecasts...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.